Skip to main content
1-3 High Street
Parkes NSW 2870
SearchBack to results
Sold on 19 Mar 2021

1-3 High Street Parkes NSW 2870

  • Shop & Retail
  • 1 m²
  • Sold

15 Year Triple Net Lease to ASX Listed G8 Education

  • 15 Year Triple Net Lease to 2030 + Opts
  • ASX Listed Tenant - G8 Education
  • Net Income $129,838 pa + GST

Cushman & Wakefield is pleased to present to the market 1-3 High Street, Parkes for Sale via Auction.

The property has the following key characteristics:

- 15 year triple net lease to 2030 + options to 2045
- G8 Education - Leading ASX listed early education provider across 470+ centres, market cap $1.08 Billion
- Centrally located facility within close proximity of 4 primary schools, Woolworths, Coles, Aldi & McDonalds
- Purpose built centre with 4 activity rooms & multiple outdoor play areas, licensed for 70 places
- Imminent mid-term market review in 2022 providing potential rental uplift
- Lease secured by 6 month Bank Guarantee & 2 year notice period to exercise options
- Triple Net Lease - Tenant pays all outgoings including Management Fees & Structural Repairs & Maintenance
- Parkes - Diverse economy, strong industry anchored by transport, mining, agriculture & National Logistics Hub, epicentre of $14.5 Billion Inland Rail Project
- Minimum 3% annual rent increases
- Net Income $129,838 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold19 Mar 2021
Floor Area1 m²
Land Area2,023 m²
ParkingOn site parking available
Property ID2016798087
Category
Last updated  24 Mar 2021
Map for 1-3 High Street Parkes NSW 2870

Nearest transport* to 1-3 High Street Parkes NSW 2870

Bus
Train
Clarinda St After High St122 m
Clarinda St After East St166 m
East St At Clarinda St226 m
High St At Goobang St234 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
Did you find this helpful?
Yes
No
Cushman & Wakefield Sydney
Cushman & Wakefield Sydney
Level 22/1 O'Connell St
Sydney, NSW 2000

Property Highlights

Date Sold19 Mar 2021
Floor Area1 m²
Land Area2,023 m²
ParkingOn site parking available
Property ID2016798087
Category
Last updated  24 Mar 2021

Listed by

Cushman & Wakefield Sydney
Call
02 8243 9999

More about 1-3 High Street Parkes NSW 2870

1-3 High Street Parkes NSW 2870 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,023 m². The listing ID for this property is 2016798087.

More Shop & Retail properties for Sale in Parkes NSW

Sold
250-268 clarinda street,parkes, NSW 2870
1 m²
Shop & Retail
Sold
19 may street,parkes, NSW 2870
1,817 m²
Shop & Retail
Sold
25a & 25b church street,parkes, NSW 2870
386 m²
Shop & Retail